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Japan to exhibit chemical expertise at 8th IndiaChem 2014

| | Oct 07, 2014, at 06:27 am
New Delhi, Oct 6 (IBNS): IndiaChem 2014, the largest event of Chemicals and Petrochemical Industry in India, in its 8th edition will present some of the most well known Japanese companies under the Japan Zone.

The result of a collaborative effort of Japan External Trade Organization (JETRO), this zone will present some of the unique and technologically innovative inventions in the domain of chemical industry.

To be held from Oct 9 to Oct 11 at Bombay Exhibition Centre, Goregaon, Mumbai, IndiaChem 2014 is the exhibition on chemicals, petrochemicals, pharmaceuticals & technologies, process plant machinery, control & automation systems.

Visitors can expect to have a business matching sessions with the companies which have numerous variety of high technology products and services (ex. Films, Ion exchange membranes, Steel pipes, Plant engineering, Specialty chemicals, Investment casting wax, Surface treatment chemicals, Automatic TOC analyzers, Powder metal products, High performance plastics, Purified terephthalic acid, Synthetic paper, Dehydrating ethanol).

“The Indian chemical industry is the second largest in the country but Japanese presence in India is not commensurate to the size of the industry. We want to use this opportunity to enter into India and invest and explore the Indian market." said, Takehiko Furukawa, Director General of JETRO Mumbai.

Some of the leading Japanese companies that will be present at India Chem 2014 include Fujifilm India, Asahi Kasei Chemicals Corporation, Osaka Steel Tube, Toyo Engineering India, TCI Chemicals India, Mitsubishi Chemical India, PCS Japan, MELTEX, Toray Engineering, IHI Corporation, MCC PTA India Corp., Yupo Corporation, Hitachi Chemical and Mitsubishi Chemical Engineering Corporation.

Of these, six companies i.e. Osaka Steel Tube, PCS Japan, MELTEX, Toray Engineering, Yupo Corporation and Mitsubishi Chemical Engineering Corporation are participating in the exhibition from Japan to understand the Indian market potential and expand their market.

India is the 6th largest chemicals manufactures in the world and the 3rd largest in Asia with the size worth $108.4 Billion which accounts for about 3 percent of the global chemical industry.

With current initiatives of the industry and the government, the Indian chemical industry is expected to grow at 11 percent per annum to reach the size of $224 billion by 2017.
 

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